Mozambique's Financial Intelligence Office (GIFiM) received reports of more than 2,300 suspected money laundering and terrorist financing operations in 2021, 34% fewer than in 2020, the government announced Tuesday.

The spokesman for the Council of Ministers, Filimão Suaze, said in a press conference that suspicious transactions detected by Mozambican financial institutions in 2021 involved amounts exceeding 35 billion meticals, compared to 42 billion meticals in 2020.

The financial institutions have reported such operations to the state-owned GIFiM for suspected money laundering and terrorist financing, Suaze added.